Market Data: Biofuels |
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Date: Friday, 31 May 2013 00:00
![]() Please note: This report is 'free', but requires registration with Navigant before download. Conventional and advanced biofuels both face a number of headwinds, however, that will cause production to miss policy targets currently in place in more than 65 countries and territories. Navigant Research forecasts that global biofuels production will reach 61 billion gallons by 2023, replacing nearly 6% of global transportation fuel production from fossil sources and generating $70 billion in new revenue over the next decade. Leading this expansion will be advanced drop-in biofuels production, with a compound annual growth rate of 14% between 2013 and 2023. The United States, Brazil, and the countries of the European Union are expected to remain the leading biofuels markets worldwide. This Navigant Research report provides forecasts, market sizing, and market share analysis for conventional ethanol, advanced ethanol, biobutanol, biodiesel, green diesel, synthetic gasoline, and renewable jet fuel. The report also includes comprehensive data and forecasts for biofuels blending and supply-oriented policies. The total volume of biofuels produced by fuel type and market penetration in retail fuel markets is forecast through 2023, segmented by world region and key countries or sub-regions. Key Questions Addressed:
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